Banks’ market value hits N25trn after recapitalisation process

2 hours ago 1

Nigeria’s banking sector has recorded a significant surge in valuation, with the combined market capitalisation of listed lenders on the Nigerian Exchange Limited (NGX) rising to N25 trillion, following the conclusion of the recapitalisation exercise. BusinessDay analysis of twelve (12) listed banks on the NGX as of April 17, shows that tier-one lenders continue to […]

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